Manage Price Lists

Set up a price list that sets the price for each item you sell.

A price list is a collection of prices for items that you target for a set of customers, and for a period of time. Use it to set the base list price and make other adjustments for each item.

  • Associate more than one price list with more than one pricing strategy.

  • Create more than one price list, then use pricing profiles, pricing segments, and pricing strategies to reference your prices lists to one or more customers.

  • If you add a charge to an approved price list, then Pricing automatically approves the pricing entities that the charge references. It approves them for use in the price list.

  • Set up the pricing charges that a price list contains for each item that the list references. You can set up a variety of charges. For example:

    Type of Charge

    Description

    One Time Charge

    A one-time charge for an item, such as a one-time fee to establish a phone service.

    Recurring Charge

    A periodic charge, such as the monthly recurring charge for a phone service.

  • Learn about the technologies that you can use to manage price lists. For details, see Select a Technology to Manage Your Pricing Data.

You will add a price list that sets the base price for the AS54888 Desktop Computer.

  • $2,500 for each computer

  • $10,000 for a box of five computers

You use the Edit Price List page in the Pricing Administration work area at design time to calculate price on the New Sales Order page in the Order Management work area at run time.

the Edit Price List page in the Pricing Administration work area

This topic uses example values. You might need different values, depending on your business requirements.

This topic describes how to create a pricing rule. For details, see Pricing Rules.

Summary of the Setup

  1. Create price list.

  2. Add price list to pricing strategy.

    You only add the price list to a pricing strategy the first time you create the price list. Pricing automatically adds any changes that you make after you add the price list.

Create Price List

  1. Go to Home > Pricing Administration > Tasks > Manage Price Lists - New.

  2. On the Price Lists page, click Create Price Lists, set these values, then click Create:

    Attribute

    Description

    Name

    Price List for Computer Service and Rentals.

    Business Unit Vision Operations
    Currency USD
    Start Date Before today.
  3. On the Price List for Computer Service and Rentals (USD) page, click Add, then add the AS54888 item.
  4. Select the line that you just added, click Calculate Prices, then modify charges, as necessary. For example, modify the Sale Price charge, add a recurring charge, an activation fee, and so on.

Add Price List to Pricing Strategy

Add your price list to Corporate Pricing Strategy. For details, see Manage Pricing Strategies.

More

See these topics to get more detail about how you can manage your price list: